• Price Band of Rs. 492/– Rs. 517/- per Equity Share bearing face value of Rs. 1/- each (“Equity Shares”)
• Bid/Offer Opening Date – Monday, August 11, 2025 and Bid/Offer Closing Date –Wednesday, August 13, 2025.
• Minimum Bid Lot is 29 Equity Shares and in multiples of 29 Equity Shares thereafter.
• Equity Shares outstanding as on date 135,459,637 Equity Shares of face value of Rs. 1 each
• The IPO is a mix of fresh issue of shares up to Rs. 8,200 million and an offer for sale up to 13,939,063 equity shares by selling shareholders

MUMBAI, 6 AUGUST, 2025 (GPN): BLUESTONE JEWELLERY AND LIFESTYLE LIMITED Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, August 11, 2025, for subscription and close on Wednesday, August 13, 2025. Investors can bid for a minimum of 29 Equity Shares and in multiples of 29 Equity Shares thereafter.The IPO price band has been fixed in the range of Rs. 492 to Rs. 517 per equity share of the face value of Rs. 1. The allocation to anchor investors for the BlueStone Jewellery IPO is scheduled to take place on Friday, August 8.

The floor price is 492 times the face value of the equity shares and the cap price is 517 times the face value of the equity shares. The BlueStone Jewellery IPO lot size is 29 equity shares and in multiples of 29 equity shares thereafter.

The Offer is being made through the book-building process, wherein not less than 75% of the net offer shall be available for allocation to qualified institutional buyers, not more than 15% of the net offer shall be available for allocation to non-institutional investors, and not more than 10% of the net offer shall be available for allocation to retail individual investors.

Mr. Rumit Dugar, CFO & Mr. Gaurav Singh Kushwaha, CMD and CEO of BlueStone Jewellery and Lifestyle Limited at their IPO Price Band announcement, Mumbai

Mr. Gaurav Singh Kushwaha, CMD and CEO of BlueStone Jewellery and Lifestyle Limited is addressing to the media at their IPO Price Band announcement, Mumbai

Tentatively, BlueStone Jewellery IPO basis of allotment of shares will be finalised on Thursday, August 14 and the company will initiate refunds on Monday, August 18 while the shares will be credited to the demat account of allottees on the same day following refund.

As per the RHP, the size of the fresh issue is set at Rs. 820 crore, while the total offer for sale comprises up to 13,939,063 or 1.39 crore equity shares. Within the OFS, the selling shareholders include Accel India III (Mauritius) Ltd, Saama Capital II, Ltd, Kalaari Capital Partners II, LLC, Kalaari Capital Partners Opportunity Fund, LLC, Iron Pillar Fund I Ltd, Iron Pillar India Fund I, and Sunil Kant Munja.

The BlueStone Jewellery IPO aims to allocate the net proceeds from the offering to support various objectives, including meeting their working capital needs and general corporate purposes.

https://youtu.be/rdcPg5jRFUE?si=Mm-YfMszyzsFOtzg

BlueStone Jewellery and Lifestyle Limited designs and offers a variety of diamond, gold, platinum, and studded jewellery through our prominent brand, BlueStone. The company operates across India with a total of 275 stores in 117 cities spanning 26 states and Union Territories as of March 31, 2025, serving more than 12,600 PIN codes throughout the country.As of March 31, 2025, Bluestone Jewellery and Lifestyle store network included 200 company-owned outlets and 75 franchise-operated outlets, covering a combined area exceeding 605,000 square feet. BlueStone has a wide range of product offerings includes rings, earrings, necklaces, pendants, solitaires, bangles, bracelets and chains cater to diverse customer segments and are retailed at varied price points. As of March 31, 2025, it had 91 collections (defined as a set of jewellery designs created with a specific theme) of jewellery products and it operates three manufacturing facilities located in Mumbai, Maharashtra, Jaipur, Rajasthan and Surat, Gujarat.

BlueStone Jewellery and Lifestyle’s revenue from operations increased by 39.83% from 12,658.39 million in Fiscal 2024 to 17,700.02 million in Fiscal 2025, primarily due to an increase in sale of products by store sales growth in existing stores, rising vintage of stores and higher inventory, as well as addition of new stores.

BlueStone Jewellery and Lifestyle Ltd. share price is likely to be listed on BSE and NSE on Tuesday, August 19.Axis Capital Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), and Kotak Mahindra Capital Company Limited are the book-running lead managers, and KFin Technologies Limited is the registrar to the Offer.